NOT LISTED FOR SALE

2281 Bear Gap Rd Lakemont, GA 30552

Estimated Value: $1,129,118 - $2,083,000

4 Beds
3 Baths
2,505 Sq Ft
$602/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $900,000 $359 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,639/month

890 Days on Market

Highlights

  • Marina
  • Boathouse includes two slips
  • Community Lake
  • Rabun County High School Rated 9+
  • Lake On Lot
  • Property borders a national or state park

About This Home

As of March 2016

Wonderful lakeside home offers all the ease and comfort one could need. 4 bedroom, 3 bath home sits at water s edge with small beach and two stall boathouse. Home was remodeled in 1999. Meticulous home features Hardie plank siding, master on main, garage, screen porch, generator, large open floor plan, and security system...just to mention a few of the extras! The home is located in a convenient area on the lake with easy access. New well and septic system are already in place. Generous kitchen, living and dining interior rooms, and master suite provides ample space. Established landscaping abounds with nice gardens and outdoor areas. Easy care lake living at the water s edge!

Last Agent to Sell the Property

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 09/30/2013

Ansley RE | Christie's Int'l RE

Last Buyer's Agent

Michael McGaughey

Ansley RE | Christie's Int'l RE License #251201 Listed on: 09/30/2013

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,155

Year Built

  • 1964

Lot Details

  • Property borders a national or state park

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Floor Insulation

Interior Spaces

  • 2,505 Sq Ft Home
  • Great Room
  • Library
  • Bonus Room

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Boathouse includes two slips
  • Lake On Lot

Utilities

  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Marina

Property Details

Home Type

Other

Est. Annual Taxes

$2,155

Year Built

1964

Lot Details

0

Listing Details

  • Property Setting: Borders US/State Park, Lake
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Main Floor Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Equipment: Carbon Monoxide Alarm, Smoke/Fire Alarm, Dryer, Generator, Satellite Dish, Washer
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lake Rabun
  • Interior Amenities: Gas Logs, Rear Stairs, Tile Bath, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar, Country Kitchen, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2505

Exterior Features

  • Roof: Composition
  • Exterior Features: Garden Area, Porch
  • Boathouse/Dock: Boathouse - 2 Slip
  • Construction: Brick/Frame
  • Waterfront Type: Utility Company Controlled, Water View, Waterfront

Garage/Parking

  • Parking: 3 Car Or More, Auto Garage Door, Garage, Kitchen Level Entry, Storage

Utilities

  • Cooling Fuel: Gas
  • Cooling: Central
  • Heating Fuel: Electric, Gas
  • Heating: Central, Heat Pump, Zoned/Dual
  • Energy Features: Ceiling Insulation, Floor Insulation, Gas Water Heater
  • Water/Sewer: Septic Tank, Well

Association/Amenities

  • Amenities: Lake, Marina, Neighborhood Association

Schools

  • Elementary School: Rabun County Primary/Elementar / Rabun / Rabun County, GA
  • Middle School: Rabun County / Rabun / Rabun County, GA
  • High School: Rabun County / Rabun / Rabun County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Mar 24, 2016
Sold by
Cameron Ronald
Bought by
Kc Lake Llc
Seller's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
Buyer's Agent
Michael McGaughey
Ansley RE | Christie's Int'l RE
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Total Days on Market
890
Current Estimated Value
$1,507,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,030
Avg. Annual Appreciation
6.81%
Original Mortgage
$600,000
Outstanding Balance
$491,478
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,158,493

Purchase Details

Closed on
Aug 1, 1983
Bought by
Jackson Rebecca G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kc Lake Llc -- --
Kc Lake Llc -- --
Cameron Ronald -- --
Cameron Ronald -- --
Jackson Rebecca G -- --
Jackson Rebecca G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cameron Ronald $600,000
Closed Cameron Ronald $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $900,000 -9.9% $359 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $999,000 0.0% $399 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $999,000 -3.5% $399 / Sq Ft
07/15/2015 07/15/15 Price Changed $1,035,000 -9.5% $413 / Sq Ft
02/09/2015 02/09/15 Price Changed $1,144,000 -4.3% $457 / Sq Ft
05/23/2014 05/23/14 Price Changed $1,195,000 -4.4% $477 / Sq Ft
03/03/2014 03/03/14 Price Changed $1,250,000 -7.4% $499 / Sq Ft
09/30/2013 09/30/13 For Sale $1,350,000 -- $539 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,155 $134,272 $0 $134,272
2023 $2,220 $121,288 $0 $121,288
2022 $2,108 $115,170 $0 $115,170
2021 $1,898 $101,232 $0 $101,232
2020 $1,753 $90,394 $0 $90,394
2019 $1,766 $90,394 $0 $90,394
2018 $1,772 $90,394 $0 $90,394
2017 $1,699 $90,394 $0 $90,394
2016 $1,229 $67,212 $0 $67,212
2015 $1,191 $63,824 $0 $63,824
2014 $1,197 $63,824 $0 $63,824
Source: Public Records

Agents Affiliated with this Home

  • Michael McGaughey

    Seller's Agent in 2016

    Michael McGaughey

    Ansley RE | Christie's Int'l RE

    (404) 606-3988

    1 in this area

    1 Total Sale

    Michael McGaughey
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Map

Source: Georgia MLS

MLS Number: 07162611

Georgia MLS

APN: LR02-002-L

Georgia Rabun County Lakemont 30552

2281 Bear Gap Rd, Lakemont, GA

This home is located at 2281 Bear Gap Rd, Lakemont, GA 30552 since 30 September 2013 and is currently estimated at $1,507,030, approximately $601 per square foot. This property was built in 1964. 2281 Bear Gap Rd is a home located in Rabun County with nearby schools including Rabun County Primary School and Rabun County High School.

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